The article provides a critical analysis of the current economic situation in Slovakia under the coalition government led by Robert Fico. The author argues that while the previous coalition made costly mistakes during the pandemic and inflation crisis, their commitment to supporting the economy was apparent. In contrast, the current government is characterized by excessive giveaways paired with stringent measures that are dampening economic activity, evident in the decline of consumer spending and the failure to implement promised growth-supporting measures.

As Europe grapples with a competitiveness crisis, the article warns of an additional looming conflict between Iran and the USA, which may further exacerbate economic troubles. In the Middle East, U.S. military presence is at its highest since the Iraq invasion in 2003, highlighting the strategic pivot away from Ukraine, where American support has significantly dwindled since Donald Trump's administration. This shift poses a risk not only to Ukraine's stability but also impacts regional allies like Slovakia and Hungary, which are less focused on providing aid to Ukraine and more inclined to push for its self-recovery.

Overall, the piece underscores the pressing need for the Slovak government to reassess its economic strategies in light of both domestic consumption challenges and shifting international geopolitical dynamics. The implications extend beyond Slovakia, affecting its role in regional stability and economic cooperation in response to crises.